Cash offers on Ohio houses, explained plainly

Ohio Revised Code 5301.95 defines a wholesaler as someone who signs a purchase contract for a 1–4 unit home and then assigns or transfers that contract to another buyer for a fee or profit. That describes how we often work, so we follow that law.

Before any purchase contract is signed, we give you a separate written disclosure, in bold 12-point type, explaining that we are a wholesaler, that we act on our own behalf, that we may assign the contract to a third party and earn a fee, and that our price may be below market value. You and we both sign and date it first.

Under Ohio law, if the disclosure is not provided before the contract, the owner may cancel the contract any time before closing without penalty, and any earnest money is returned to the owner within 30 days.

Yes, and we encourage it. You can have an attorney, agent or family member review the offer, the disclosure and the contract before you sign anything.

After a short call and a look at the property, we present a written cash offer within 24 hours.

Closing can happen in as little as 14 days once title is clear, or on the date that works for you. You pick the closing date.

No. You can sell as-is. Leave behind anything you don't want, and the cleanout is handled after closing.

Yes. Tenant-occupied houses are fine. Leases and deposits are handled as part of the closing.

No agent commissions and no fees to request an offer. Your written offer shows the closing costs and exactly what you walk away with before you sign anything.